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Petroleo Brasileiro S.A.– Petrobras (NYSE:PBR) shares are trading lower after it disclosed that CEO Jean Paul Prattes is resigning from the position.
Paul will also step down from the position as a member of the Petrobras Board of Directors.
The company will replace Paul with a former regulator who shares Brazil President Luiz Inacio Lula da Silva’s views, reported Reuters.
As per the report, ...
| Company Name: | Petroleo Brasileiro S.A.- Petrobras |
| Stock Symbol: | PBR |
| Market: | NYSE |
| Website: | petrobras.com.br |
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